Deals10 Oct 2024, 09:04 pm
AGS Transact Technologies Ltd Extends Contract With Indian Bank Ltd For Reconciliation Of Card And Digital Transactions
AI Summary
AGS Transact Technologies Limited, a leading integrated omni-channel payment solutions provider in India, has received an extension of a contract from the Indian Bank Ltd for reconciliation of card and non-card transactions. The projected revenue from this contract over a three-year period is approximately INR 50 crores. The company operates in three broad business segments and serves diverse industries such as banking, retail, petroleum, toll and transit, cash management and fintech in India and other select countries in Asia.
Key Highlights
- AGS Transact Technologies Limited extends contract with Indian Bank Ltd for reconciliation of card and digital transactions
- Projected revenue from this contract over a three-year period is approximately INR 50 crores
- AGS Transact provides customised products and services comprising ATM and CRM outsourcing, cash management and digital payment solutions
- AGS Transact serves diverse industries such as banking, retail, petroleum, toll and transit, cash management and fintech in India and other select countries in Asia
- AGS Transact has deployed 2,48,834 payment terminals and was one of the largest deployers of PoS terminals at petroleum retail outlets in India